The US equity markets closed on Wednesday after trading with little movement and no clear trend. The leading indices reacted only slightly to the results of the US Federal Reserve meeting, but developed in different directions. The Dow Jones Industrial ultimately lost 0.15 percent to 30 154.54 points. The market-wide S&P 500
In contrast, rose by 0.18 percent to 3701.17 points. For the technology-heavy selection index Nasdaq 100 it was a clearer 0.57 percent to 12,668.16 points upwards.
The US Federal Reserve (Fed) is continuing its crisis policy in view of the simmering corona pandemic. The key interest rate will remain near the zero line while hundreds of billions of euros continue to be pumped into the American economy every month. The Fed will use all its instruments to prop up the economy in this “challenging time,” it said./edh/mis
ISIN US2605661048 US6311011026 US78378X1072
AXC0457 2020-12-16/22:21
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